Hyperliquid's HYPE token is leading the top 100 cryptocurrencies by market cap, surging 8% in 24 hours and gaining over 170% cumulatively since March 2025. Trading volume for tokenized crude oil on its exchange has skyrocketed, now accounting for 30% of peak trading volumes. The rally is also attributed to the upcoming portfolio margin feature for high-volume traders. However, analysts warn that amid an overall market downturn, the HYPE token price could pull back 32% to $25.43 by March 21, 2026.

HYPE2,96%
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